OverviewSuggest Edit

Tyler Technologies is a company that provides integrated information management solutions and services for the public sector, with a focus on local governments. Its services include software and hardware installation, data conversion, training, and product modifications. In addition, the company is a provider of outsourced property appraisal services for taxing jurisdictions.
TypePublic
Founded1966
HQPlano, TX, US
Websitetylertech.com
Employee Ratings4
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)5,500(+3%)
Job Openings376
Revenue (FY, 2020)$1.1 B(+3%)
Share Price (Sept 2021)$468
Cybersecurity ratingBMore

Key People/Management at Tyler Technologies

Lynn Moore

Lynn Moore

President & CEO
John Marr

John Marr

Executive Chairman
Brian Miller

Brian Miller

Executive Vice President, Chief Financial Officer and Treasurer
Matt Bieri

Matt Bieri

Chief Information Officer
Brett Cate

Brett Cate

Chief Sales Officer
Samantha Crosby

Samantha Crosby

Chief Marketing Officer
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Tyler Technologies Office Locations

Tyler Technologies has offices in Plano, Ames, Annapolis, Ann Arbor and in 64 other locations
Plano, TX, US (HQ)
5101 Tennyson Pkwy
Ames, IA, US
1315 S Bell Ave Suite 102
Ann Arbor, MI, US
1194 Oak Valley Dr #150
Annapolis, MD, US
200 Westgate Cir # 402
Arlington, VA, US
4601 Fairfax Dr Suite 1010
Augusta, ME, US
45 Commerce Dr #10
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Tyler Technologies Financials and Metrics

Tyler Technologies Revenue

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Tyler Technologies's revenue was reported to be $1.12 b in FY, 2020 which is a 2.8% increase from the previous period.
USD

Revenue (Q1, 2021)

294.8m

Gross profit (Q1, 2021)

144.2m

Gross profit margin (Q1, 2021), %

48.9%

Net income (Q1, 2021)

37.0m

EBIT (Q1, 2021)

38.2m

Market capitalization (14-Sept-2021)

19.1b

Closing stock price (14-Sept-2021)

468.0

Cash (31-Mar-2021)

1.3b

EV

18.4b
Tyler Technologies's current market capitalization is $19.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

935.3m1.1b1.1b

Revenue growth, %

11%16%3%

Cost of goods sold

495.7m569.5m574.2m

Gross profit

439.6m516.9m542.5m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

247.1m275.1m275.4m276.5m271.1m285.7m294.8m

Cost of goods sold

131.0m147.3m144.7m147.4m139.9m142.2m150.6m

Gross profit

116.0m127.9m130.7m129.1m131.2m143.5m144.2m

Gross profit Margin, %

47%46%47%47%48%50%49%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

134.3m232.7m603.6m

Accounts Receivable

298.9m374.1m382.3m

Prepaid Expenses

33.3m24.7m30.9m

Current Assets

518.9m679.7m1.1b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

39.4m11.2m161.4m302.0m351.3m518.7m1.3b

Accounts Receivable

299.0m381.4m348.0m318.1m405.7m362.7m330.8m

Prepaid Expenses

23.8m26.9m24.5m34.0m33.3m29.7m38.1m

Current Assets

402.3m453.6m569.8m712.2m873.9m990.6m1.7b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

147.5m146.5m194.8m

Depreciation and Amortization

61.8m76.7m81.7m

Accounts Payable

(2.4m)7.4m(967.0k)

Cash From Operating Activities

250.2m254.7m355.1m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

27.3m59.3m99.7m47.6m101.4m140.7m37.0m

Depreciation and Amortization

17.3m36.7m56.5m20.0m40.3m60.7m21.1m

Accounts Payable

(1.5m)550.0k1.5m(2.0m)(6.3m)(3.9m)(2.3m)

Cash From Operating Activities

24.0m48.5m178.5m56.7m96.5m266.3m71.7m
USDFY, 2018

Revenue/Employee

206.7k

Financial Leverage

1.4 x

P/E Ratio

50.5
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Tyler Technologies Operating Metrics

Tyler Technologies's Backlog was reported to be $1.6b in Q1, 2021.
FY, 2014FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020Q1, 2021

Bookings

$702 m$844.5 m$808.7 m$867.6 m$935.6 m$953.3 m$939 m$1.05 b$452 m$259 m$331 m$319 m$309 m$292 m

Backlog

$1.1 b$1.2 b$1.2 b$1.24 b$1.25 b$1.26 b$1.43 b$1.41 b$1.46 b$1.5 b$1.54 b$1.55 b$1.59 b$1.55 b

Clients

15 k15 k15 k15 k15 k15 k

Installations to Date

21 k21 k21 k26 k26 k26 m26 k27 k26 k
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Tyler Technologies Acquisitions / Subsidiaries

Company NameDateDeal Size
VendEngineJune 03, 2021$84 m
Ready SubApril 05, 2021
VetraSpecMarch 31, 2021
NICFebruary 10, 2021$2.3 b
Courthouse TechnologiesOctober 30, 2019
MyCivic AppsFebruary 07, 2019
MicroPactFebruary 01, 2019
SceneDocDecember 10, 2018$4.6 m
MobileEyesOctober 01, 2018
CaseloadProSeptember 04, 2018
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Tyler Technologies Revenue Breakdown

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Tyler Technologies revenue breakdown by business segment: 10.1% from The Appraisal and Tax and 89.9% from The Enterprise Software

Human Capital Metrics

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Tyler Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Tyler Technologies Online and Social Media Presence

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Tyler Technologies Company Culture

  • Overall Culture

    C

    66/100

  • CEO Rating

    D

    60/100

  • Compensation

    C

    63/100

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Tyler Technologies News and Updates

SafeGraph Announces Official Partnership with Tyler Technologies

DENVER, June 22, 2021 /PRNewswire/ -- SafeGraph, a data company that specializes in providing high quality data on places, has announced today an official partnership with Tyler Technologies, the largest provider of integrated software and technology services to the public sector. Through...

Tyler Technologies Stock Dropped Last Week, Time To Enter?

Tyler Technologies’ stock has fallen by 13% over the last five trading days. In comparison, the broader S&P500 rose by 1.1% over the last five trading days. On 3rd March, 2021 the company announced proposed offerings of Convertible Senior Notes with aggregate principal amount of $1 billion...

Public Safety Software Market New Opportunities with Global Overview by 2027 - Police1 (LEXIPOL), ProPhoenix, Inc., SmartCOP, Inc., Tyler Technologies, Inc.,, ZETRON

The Insight Partners adds “Public Safety Software Market Forecast to 2027 – COVID-19 Impact and Global Analysis” to its store providing analysis of the current and future market competition in the market. Insightful review of the key industry drivers, opportunities, barriers and challenges. Each tre…

Public and Personal Safety Market Players Analysis: Cisco Systems(US), Tyler Technologies Inc. (US), Huawei Technologies (China), LM Ericsson (Sweden)

wiseguyreports.com Adds “Public and Personal Safety Market: Demand, Growth, Opportunities and Analysis of Top Key Player Forecast To 2026” To Its Research Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Permit Software Market Trends Exhibits Remarkable Growth Opportunity | CityForce, Tyler Technologies, PermitSoft

Permit Software Comprehensive Study by Organization Size (Small & Medium Size Enterprises, Large Enterprises), Platform (Windows, Mac, Others), Pricing (Monthly Subscription, Annual Subscription, One-Time License) Players and Region - Global Market Outlook to 2025 Posted via Industry Today. Foll…

Alameda County, California, Expands Relationship with Tyler Technologies

Tyler Technologies Inc. (NYSE: TYL) announced today that it has signed an agreement with the Alameda County Probation Department in California for Tyler Supervision™. The department will use the case management system to manage juvenile probation and will enable automated offender check-in for adult…
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Tyler Technologies Frequently Asked Questions

  • When was Tyler Technologies founded?

    Tyler Technologies was founded in 1966.

  • Who are Tyler Technologies key executives?

    Tyler Technologies's key executives are Lynn Moore, John Marr and Brian Miller.

  • How many employees does Tyler Technologies have?

    Tyler Technologies has 5,500 employees.

  • What is Tyler Technologies revenue?

    Latest Tyler Technologies annual revenue is $1.1 b.

  • What is Tyler Technologies revenue per employee?

    Latest Tyler Technologies revenue per employee is $203 k.

  • Who are Tyler Technologies competitors?

    Competitors of Tyler Technologies include Technosoft, Civica and Commvault.

  • Where is Tyler Technologies headquarters?

    Tyler Technologies headquarters is located at 5101 Tennyson Pkwy, Plano.

  • Where are Tyler Technologies offices?

    Tyler Technologies has offices in Plano, Ames, Annapolis, Ann Arbor and in 64 other locations.

  • How many offices does Tyler Technologies have?

    Tyler Technologies has 69 offices.